The next Fed chair wants lower rates. But the data might make that impossible.
Source link
The economy Kevin Warsh is inheriting isn't the one he wanted
Elon Musk’s SpaceX aims to go public on June 12, bond yields hit the highest level in more than a year, and tips for buying a good used EV. Read more in today’s What’s News newsletter:
Plus, bond yields hit the highest level in more than a year, and tips for buying a good used EV. Source link
Bank Indonesia Delivers First Rate Hike in Years as Rupiah Flounders, Risks Rise
Indonesia’s central bank snapped a long-running pause as it delivered its first rate hike in over two years. Source link
Consumer Sentiment Falls to New Record Lows Amid War in Iran
Consumer sentiment fell below the previous month’s record low as higher gasoline prices exacerbated shoppers’ concerns about the U.S. economy, according to the initial reading […]